The SWIB Podcast: Wisconsin Retirement System Insights-logo

The SWIB Podcast: Wisconsin Retirement System Insights

Business & Economics Podcasts

News and insights about the complex, prudent, and disciplined investment strategies the State of Wisconsin Investment Board has put in place to help grow and protect the assets of the Wisconsin Retirement System. Navigating today’s financial markets takes innovative thinking to design and implement investment strategies that control risk while generating reasonable returns. In a time when public pension funds across the country are struggling with issues related to underfunding, SWIB has helped fuel one of the only fully funded pension systems in the U.S. Join us as we talk about the importance of managing assets in a more challenging environment and optimizing cost over the long term on behalf of the more than 642,000 current and former state and local government employees and their families who rely on the WRS for some of their retirement security. SWIB is recognized as a premier investment organization because of its strong management of the trust funds of the WRS and several other smaller trust funds. SWIB has been successful in generating respectable returns to help ensure the WRS is able to meet its obligations today and in the future.

News and insights about the complex, prudent, and disciplined investment strategies the State of Wisconsin Investment Board has put in place to help grow and protect the assets of the Wisconsin Retirement System. Navigating today’s financial markets takes innovative thinking to design and implement investment strategies that control risk while generating reasonable returns. In a time when public pension funds across the country are struggling with issues related to underfunding, SWIB has helped fuel one of the only fully funded pension systems in the U.S. Join us as we talk about the importance of managing assets in a more challenging environment and optimizing cost over the long term on behalf of the more than 642,000 current and former state and local government employees and their families who rely on the WRS for some of their retirement security. SWIB is recognized as a premier investment organization because of its strong management of the trust funds of the WRS and several other smaller trust funds. SWIB has been successful in generating respectable returns to help ensure the WRS is able to meet its obligations today and in the future.

Location:

United States

Description:

News and insights about the complex, prudent, and disciplined investment strategies the State of Wisconsin Investment Board has put in place to help grow and protect the assets of the Wisconsin Retirement System. Navigating today’s financial markets takes innovative thinking to design and implement investment strategies that control risk while generating reasonable returns. In a time when public pension funds across the country are struggling with issues related to underfunding, SWIB has helped fuel one of the only fully funded pension systems in the U.S. Join us as we talk about the importance of managing assets in a more challenging environment and optimizing cost over the long term on behalf of the more than 642,000 current and former state and local government employees and their families who rely on the WRS for some of their retirement security. SWIB is recognized as a premier investment organization because of its strong management of the trust funds of the WRS and several other smaller trust funds. SWIB has been successful in generating respectable returns to help ensure the WRS is able to meet its obligations today and in the future.

Language:

English


Episodes

18. Peering into the Future to Keep the WRS Positioned for Success, with GRS Actuaries Jim Anderson and Brian Murphy

10/5/2022
The Wisconsin Retirement System is one of the few fully funded public pensions in the country, thanks in part to SWIB’s strong investment management. Because of the unique shared risk design of the WRS, investment returns directly impact annuity adjustments for retirees and contribution rates for employees and employers. The challenge is finding the right balance between taking enough risk to make sure the WRS is providing the benefits promised to its participants while avoiding taking too...

17. Mid-Year Market Update: Finding Stability in Volatility, with Edwin Denson & Leo Kropywiansky

8/31/2022
Volatility is a word that has become all too common in the last couple years when talking about the financial markets. Over the past two years, the pandemic has been a big economic story driving both monetary and fiscal policy. While the pandemic continues to create hurdles, new concerns are grabbing headlines. From supply chain issues to the great resignation, to the highest inflation rate in four decades, investors have to navigate volatile economic waters. As the Federal Reserve seeks to...

Duration:00:35:18

16. An Inside Look at SWIB's Real Estate Portfolio with Anne-Marie Fink & Jason Rothenberg

7/20/2022
Office buildings, warehouses, and apartment complexes dot the landscape from coast-to-coast. They are common landmarks that we usually pass by every day without a second thought. We know these brick and mortar spaces are important to a thriving economy, but what might surprise you is how important they are to SWIB’s investment strategy. SWIB’s real estate portfolio helps diversify the Core Trust Fund and has generated an impressive track record of investment performance, which has greatly...

Duration:00:23:01

15. How Technology is Transforming the Portfolio Management Process at SWIB, with Nick Stanton and Derek Drummond

4/27/2022
We live in a world full of technology; faster computers, smart phones, and cars that can drive and park themselves are all part of the world that is becoming more reliant on technology. Like every other industry, the financial sector has been touched by these changing times. The relationship between data, technology and human talent is key to the successful incorporation of these trends in active portfolio management. Investment managers are constantly enhancing the technology they use to...

Duration:00:22:08

14. Pensionomics: How the WRS Provides a Strong Economic Pillar for Wisconsin, with NIRS Executive Director Dan Doonan

3/9/2022
The Wisconsin Retirement System (WRS) was created 40 years ago to help protect public employees and their beneficiaries against the financial hardships of old age and disability, to attract and retain a qualified public workforce, establish modest benefits, and achieve administrative savings. There is no doubt that the WRS has done that and more over the last four decades. But, the WRS, as one of the only fully funded public pension systems in the country, is more than just a retirement...

Duration:00:22:08

13. Looking Back at 2021 and Forward to 2022 with SWIB ED/CIO Edwin Denson

1/28/2022
The beginning of a new year is a time to reflect on the year gone by and look forward to what lies ahead. In 2021, the financial markets saw ongoing volatility caused by COVID-19 while the Federal Reserve continued with the policies it put in place to combat the economic effect of the pandemic. Interest rates, inflation, and supply chain backlogs were all topics that grabbed headlines throughout the year. But in the end, SWIB remained committed to its long-term investment strategy for the...

Duration:00:18:59

12. Exploring the Innovative Strategies that SWIB is Deploying to Generate Returns for the WRS

12/20/2021
Innovation has always been critical to the State of Wisconsin Investment Board’s (SWIB’s) success. As assets under management continue to grow, and the investment industry and the world continue to change, SWIB is positioning itself for the future, finding innovative ways to invest the public pension funds and help secure the financial futures of the people who rely on the Wisconsin Retirement System (WRS). Last year, SWIB continued to look forward when it launched two new internal...

Duration:00:23:18

11. 70 Years of Service: A Look Back at the History of the State of Wisconsin Investment Board

10/28/2021
This year, the State of Wisconsin Investment Board (SWIB) is celebrating 70 years of service to the state of Wisconsin. A lot has changed over the past 70 years. And, while our world has and continues to change, one thing that has remained a constant is SWIB’s commitment to helping provide retirement security for hundreds of thousands of current and former state and local government employees and their families, who rely on the Wisconsin Retirement System (WRS). Since its creation in 1951,...

Duration:00:21:17

10. SWIB's New Executive Director and CIO Edwin Denson Charts a Steady Course for the WRS

8/25/2021
Excellence, innovation, integrity, collaboration, and people. Those are the core values at the heart of SWIB’s mission to the members of the Wisconsin Retirement System (WRS). Edwin Denson, SWIB’s new executive director and chief investment officer, is using those core values to build on SWIB’s already strong foundation as one of the country’s premier investment managers. Edwin joined SWIB in 2018 as the managing director of asset and risk allocation, responsible for risk analysis,...

Duration:00:32:28

9. Strong Governance Keeps SWIB Positioned for Success, with Board of Trustees Chair David Stein

6/14/2021
As an institution, SWIB has had to adapt and overcome significant challenges over the last year — among them, frenetic markets, the workplace disruption of the COVID-19 pandemic, and the passing of SWIB's former executive director and chief investment officer David Villa. But through it all, SWIB has continued to serve members of the Wisconsin Retirement System at a high level, due in large part to the unique governance structure that positions SWIB as a global leader in public pension asset...

Duration:00:31:17

8. Running the Long Race with Derek Drummond, SWIB's Funds Alpha Portfolio Manager

4/8/2021
Competing under challenging circumstances is nothing new for Derek Drummond. As a triathlete who competes in several events throughout the year, including Madison’s Iron Man competition, Derek challenges himself through tough endurance races with hopes of establishing a personal best time. Derek’s competitive spirit carries over into his work. As SWIB’s funds alpha manager, Derek is constantly pushing himself and his team to find investments across traditional and alternative strategies that...

Duration:00:30:28

7. Managing Directors Round Table, with Edwin Denson, Brian Hellmer, and Anne-Marie Fink

3/2/2021
In 2020, the State of Wisconsin Investment Board (SWIB) remained committed to its long-term investment strategy, resulting in strong returns for the Wisconsin Retirement System (WRS), even in a challenging year. The Core Fund, the larger of the two WRS trust funds with more than $120 billion in assets, ended the year with a net return of just above 15%. The Core Fund's 5- and 10-year returns both exceeded the pension system's actuarial target. The great news for WRS participants is that...

Duration:00:31:02

6. Evolving in Challenging Markets, with Brian Hellmer

1/7/2021
Sophisticated investment strategies, forward-looking technologies, and strong internal asset management help make the State of Wisconsin Investment Board (SWIB) a leading investment organization. As a premier money manager, SWIB brings a disciplined, prudent, and innovative approach to market opportunities. But to remain a leader in the public pension industry, SWIB must continue to evolve. In this episode of The SWIB Podcast, we talk with Brian Hellmer, SWIB’s managing director of global...

Duration:00:35:49

6. Evolving in 2021's Global Financial Market, with Brian Hellmer

12/31/2020
Sophisticated investment strategies, forward-looking technologies, and strong internal asset management helps make SWIB a leading investment organization. As a premier money manager, SWIB brings a disciplined, prudent, and innovative approach to market opportunities. But to remain at the forefront of the public pension industry, SWIB must continue to evolve. In this episode of The SWIB Podcast, we interview Brian Hellmer, SWIB’s managing director of global public market strategies, about how...

Duration:00:44:48

5. Forward-Thinking Wisconsin Investments in Private Debt and Venture Capital, with Chris Prestigiacomo

11/21/2020
Wisconsin's forward-thinking culture has contributed to a history of entrepreneurs who have turned ideas into successful businesses that have become fixtures in the state. Whether it's a company headquartered in Wisconsin or a global corporation doing business in the state, the State of Wisconsin Investment Board is proud to have partnered with all types of businesses to help those companies succeed and generate returns for WRS members. In this episode of The SWIB Podcast, we explore SWIB's...

Duration:00:35:06

5. Forward-Thinking Investments in Private Debt and Venture Capital, with Chris Prestigiacomo

11/19/2020
Wisconsin is known for its forward-thinking culture, which has contributed to a long history of entrepreneurs who have turned their ideas into successful businesses, and companies that have grown to become fixtures in the state. Whether it's a small company that primarily does business in Wisconsin, or a multi-national corporation headquartered in the state but with clients spread across the globe, the State of Wisconsin Investment Board is proud to have partnered with all types of...

Duration:00:38:24

4. The "Goldilocks Zone" in SWIB's Asset Allocation Strategy, with Edwin Denson

10/22/2020
In the classic children's fairy tale, Goldilocks looks for the porridge that is not too hot and not too cold, but just right. Similarly, the investment professionals at the State of Wisconsin Investment Board have to strike just the right balance between an asset allocation that is not too risky for the system's risk sharing design, but takes enough risk to generate the returns necessary to sustain the fund over the long term. In this episode, SWIB's Managing Director of Asset & Risk...

Duration:00:24:46

3. Behind the Scenes at SWIB, with Rochelle Klaskin and Mike Jacobs

9/30/2020
Just like you can't put on a play without stage hands, the portfolio and investment managers at the State of Wisconsin Investment Board are supported by a wide variety of professionals whose behind-the-scenes work is vital to SWIB's mission of generating returns on behalf of the Wisconsin Retirement System and its members. Whether it's tracking the performance of individual investments, implementing a new investment instrument or settling a trade, the work of these skilled professionals...

Duration:00:28:04

2. Big Name Brands in the WRS Private Market Portfolio, with SWIB’s Anne-Marie Fink

8/27/2020
From Harley-Davidson to Kohl’s Corp., the Zoom meetings platform to EatStreet food delivery, from industrial warehouses in California to New York City highrises, private equity investments and the funds alpha strategy provide unique opportunities for SWIB to generate returns on behalf of the Wisconsin Retirement System and its members. In this episode, we talk to Anne-Marie Fink, SWIB’s managing director of private markets and funds alpha, to learn how the investments she oversees play an...

Duration:00:34:25

1. Navigating COVID-19's Financial Fallout, with SWIB Executive Director & CIO David Villa

7/30/2020
While other pension funds struggle with the financial implications of the COVID-19 Coronavirus pandemic and chronic under-funding, the robust Wisconsin Retirement System remains on-track to meet its obligations to retirees. This is thanks, in no small part, to the steady, thoughtful investment decisions of the State of Wisconsin Investment Board's team of financial experts. Under the leadership of Executive Director and Chief Investment Officer David Villa, the WRS has strengthened its...

Duration:00:34:31